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☆ Israeli settlers attack Palestinian village after deadly Hamas strike
▼ + stars: | 2023-06-21 | by ( Ali Sawafta | ) www.reuters.com time to read: +4 min

[1/5] An aerial view shows burned vehicles after an attack by Israeli settlers near Ramallah in the Israeli-occupied West Bank, June 21, 2023. "There was heavy gunfire but we couldn't distinguish whether it came from settlers or the soldiers because of the darkness." Attacks were also reported in other West Bank towns and villages. Netanyahu's government is set on expanding settlements in the West Bank and includes members who rule out a Palestinian state. Hamas, which advocates armed resistance against Israel, has been steadily expanding its operations in the West Bank.

Persons: Ammar Awad, Yaqoub Oweis, Lubban, Eli, Mahmoud Dawoud, Gharbeya, Itamar Ben, Benjamin Netanyahu's, Israel Katz, Nidal al, James Mackenzie, Mark Heinrich Our Organizations: West Bank, REUTERS, Bank, Rampage, Al, Palestinian, Monday . Local, Israeli National Security, Energy, Cabinet, Army Radio, West, Hamas, Seven, Thomson Locations: Ramallah, RAMALLAH, West, Palestinian, West Bank, Huwara, Hamas, Gaza, Jenin, Monday, Al, Israel, East Jerusalem, Jerusalem

☆ Palestinian gunmen kill four Israelis in West Bank
▼ + stars: | 2023-06-20 | by ( Ammar Awad | ) www.reuters.com time to read: +4 min

REUTERS/Ammar AwadNEAR ELI SETTLEMENT, West Bank, June 20 (Reuters) - Palestinian gunmen shot dead four Israelis near a Jewish settlement in the occupied West Bank on Tuesday in an attack the militant Hamas group said was a response to a raid by Israeli forces in the flashpoint city of Jenin. The Israeli military said it was boosting forces in the West Bank after the attack. Police minister Itamar Ben-Gvir called for a full-scale military operation in the West Bank and urged Jewish settlers in the area to carry a weapon. U.S.-brokered peace talks between Israel and the Palestinians, aimed at establishing a state in the West Bank, Gaza and East Jerusalem, collapsed in 2014 and show no sign of revival. Israel's government is set on expanding settlements in the West Bank and includes members who rule out a Palestinian state.

Persons: Ammar Awad, Eli, Morel Nicker, Benjamin Netanyahu, Bezalel Smotrich, Itamar Ben, Gvir, Huwara, Israel Tom Nides, Maayan Lubell, Rami Amichay, Nidal, Ali Sawafta, James Mackenzie, Alex Richardson, Angus MacSwan, Cynthia Osterman Organizations: West Bank, REUTERS, Hamas, Bezalel Smotrich ., West, Thomson Locations: Eli, ELI, West, Jenin, Gaza, Palestinian, Israel, U.S, West Bank, East Jerusalem

☆ Opinion | Forget Nouns. Verbs Are Where the Action Is.
▼ + stars: | 2023-06-01 | by ( John Mcwhorter | ) www.nytimes.com time to read: +3 min

The verb “see” is “doe,” uttered with a high pitch. To put the verb into past tense, you say it with a low pitch. To say that rather than mere glimpsing, you looked at something deliberately, you start on that low pitch and go even lower. And if you want to say the opposite, that you just looked something over quickly, you start high and then swoop low. Wait, wait!” This was perfectly ordinary speech, and it entailed four verbs and zero nouns or adjectives.

Persons: ”, Walt Whitman’s, Puedo, Porky Pig, Daffy Duck, “, Daffy Organizations: Iau, Berlitz Locations: Fennoscandia, Thailand, Papua Province, Spanish

Prime Minister Benjamin Netanyahu alluded to Israel's calculations at work in dealing with Hamas in Gaza. "The gap between Hamas and Islamic Jihad is rooted in the fact that Hamas has a political programme and governing authority, whereas the Jihad has neither," he said. However, Israeli officials say Islamic Jihad would not be able to fire rockets without approval from Hamas. An Islamic Jihad official offered a similar line. "That's why they (Hamas) focus their attacks in the West Bank," the regional diplomat said.

☆ Israel, Palestinian Militants Agree to Cease-Fire After Five Days of Fighting
▼ + stars: | 2023-05-13 | by ( Dov Lieber | ) www.wsj.com time to read: 1 min

Israel’s Iron Dome aerial-defense system on Saturday near Ashdod, Israel. Photo: AMMAR AWAD/REUTERSTEL AVIV—Israel and Gaza-based militant group Islamic Jihad agreed to a cease-fire late Saturday, to end five days of intense fighting that had raised fears of a wider conflict. The cease-fire, brokered by Egypt and the United Nations, came into effect at 10 p.m. local time, Palestinian officials said.

☆ UAE cancels Airbus H225M helicopters deal, Breaking Defense reports
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: 1 min

DUBAI, May 9 (Reuters) - The United Arab Emirates has pulled out of a 2021 deal with Airbus (AIR.PA) to procure a dozen H225M Caracal multirole helicopters for about 800 million euros ($880.6 million), Breaking Defense magazine reported on Tuesday. Breaking Defense quoted Muammar Abdulla Abushehab, an official at the UAE's defence and security acquisitions authority, as saying the decision was not political but was based on financial and technical reasons. Airbus said it had no immediate comment when contacted by Reuters. The UAE government media office did not immediately respond to a request for comment. ($1 = 0.9084 euros)Writing by Lisa Barrington Additional reporting by Tim Hepher Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.

☆ After tense night, thousands pray at Jerusalem's Western Wall
▼ + stars: | 2023-04-09 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Ammar AwadJERUSALEM, April 9 (Reuters) - Dawn Ramadan prayers at the Al-Aqsa Mosque compound ended peacefully on Sunday after days of heightened tension at the flashpoint Jerusalem site, as a mass Passover benediction at the adjacent Western Wall began. Small groups of Jewish visitors under heavy police guard walked through the mosque compound, known in Judaism as Temple Mount, as thousands of worshippers gathered for the Passover's special "Priestly Blessing" at the Western Wall below. At Al-Aqsa, the special Tarawih Ramadan prayer on Saturday night ended peacefully despite fears violence would erupt there once more. After a year of escalated Israeli-Palestinian violence, tensions are running especially high as Ramadan and Passover coincide, with a focus on the Al-Aqsa compound in Jerusalem's walled Old City. Clashes there between police and worshippers helped spark a 10-day war Israel-Gaza war in 2021.

☆ Canadian PM urges Israel to change its approach after raid, clashes
▼ + stars: | 2023-04-05 | by ( Ismail Shakil | ) www.reuters.com time to read: +2 min

REUTERS/Ammar AwadOTTAWA, April 5 (Reuters) - Canadian Prime Minister Justin Trudeau on Wednesday criticised the Israeli government's "inflamed rhetoric" and urged it to change its approach to the Palestinians amid an upsurge in violence. He also condemned the rocket attacks by Palestinian militants from Gaza. "We're extremely concerned with the inflamed rhetoric coming out of the Israeli government, we're concerned about the judicial reforms ... we're concerned by the violence around the al-Aqsa mosque," Trudeau said. "We absolutely, unequivocally condemn the rocket attacks from militants in Gaza. We need to see a de-escalation of violence," Trudeau added.

☆ Israeli police attack worshippers in Jerusalem's Al Aqsa
▼ + stars: | 2023-04-05 | by ( ) www.reuters.com time to read: +2 min

[1/4] Israeli border policemen set up a fence near Al-Aqsa compound also known to Jews as the Temple Mount, while tension arises during clashes with Palestinians in Jerusalem's Old City, April 5, 2023. REUTERS/Ammar AwadJERUSALEM, April 5 (Reuters) - Israeli police attacked dozens of worshippers in Jerusalem's Al-Aqsa Mosque compound before dawn on Wednesday, witnesses said, in what Israeli police said was a response to rioting. It said in a statement that Israeli forces were preventing its medics from reaching the mosque. Friction at the Al-Aqsa Mosque compound, known to Jews as the Temple Mount, has set off violence in recent years. Videos circulating on social media, which Reuters could not immediately verify, showed fireworks going off and police beating people inside the mosque.

☆ Israeli raid at Al-Aqsa mosque risks igniting violence, Arab League says
▼ + stars: | 2023-04-05 | by ( ) www.reuters.com time to read: +1 min

[1/2] Israeli security forces take position at the Al-Aqsa compound, also known to Jews as the Temple Mount, while tension arises during clashes with Palestinians in Jerusalem's Old City, April 5, 2023. REUTERS/Ammar AwadCAIRO, April 5 (Reuters) - The Arab League on Wednesday strongly condemned an Israeli police raid on Al-Aqsa mosque in Jerusalem, saying it put regional stability at risk. In a statement issued after an emergency meeting on the incident, the League condemned what it called "crimes committed by the Israeli occupation forces against defenceless Muslim worshippers" in the mosque. The pre-dawn raid risked "igniting a spiral of violence that threatens security and stability in the region and the world", it added. Arab League Secretary General Ahmed Aboul Gheit had earlier condemned the raid in a separate statement.

☆ Israeli police shoot man dead near Muslim holy site
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +2 min

[1/5] Israeli police stand guard near a security incident scene near Al-Aqsa compound also known to Jews as the Temple Mount, in Jerusalem's Old City, April 1, 2023. The incident overnight at the edge of the Al Aqsa Mosque complex, an icon of Palestinian nationalism, came at a high point of Muslim attendance for the holy month of Ramadan. The sacred site, known to Muslims as The Noble Sanctuary and to Jews as Temple Mount, remained relatively quiet on Saturday. The slain man was identified as Mohammad Khaled al-Osaib, 26, a resident of Bedouin town Hura in south Israel. Writing by Dan Williams Editing by Chris Reese and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Israeli turmoil alarms business leaders: There's 'fear over what happens next'
▼ + stars: | 2023-03-29 | by ( Jason Gewirtz | ) www.cnbc.com time to read: +5 min

The uncertainty in Israel's political situation extends deep into the business sector. This month, ratings service Fitch warned that the courts controversy "could weaken Israel's credit profile." Weingarten's big fear is an irreparable divide in Israel, a country where a great degree of unity was once seen as a given. Such a drop would make the prime minister push his right-wing coalition partners into a deal that's more aligned with the country's citizens at large. Women dressed as handmaidens from "The Handmaid's Tale" attend a demonstration after Israeli Prime Minister Benjamin Netanyahu dismissed the defense minister and his nationalist coalition government presses on with its judicial overhaul, in Jerusalem on March 27, 2023.

☆ Saudi Chairman of Credit Suisse’s Largest Investor Resigns
▼ + stars: | 2023-03-27 | by ( Summer Said | Dave Sebastian | ) www.wsj.com time to read: 1 min

DUBAI—The chairman of Credit Suisse Group AG’s largest shareholder has resigned less than two weeks after his comments set off a panic with the European lender’s shareholders that eventually led the Swiss government to engineer a takeover by rival UBS Group AG. Ammar al-Khudairy, the chairman of Saudi National Bank, is leaving for personal reasons and will be succeeded by Chief Executive Saeed Mohammed al-Ghamdi , the bank said on Monday. It didn’t say whether the resignation was tied to Mr. Khudairy’s comments on SNB’s investment in Credit Suisse.

☆ Saudi National Bank chair resigns after Credit Suisse comments
▼ + stars: | 2023-03-27 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

Ammar Al Khudairy had resigned “due to personal reasons” and would be replaced by CEO Saeed Mohammad Al Ghamdi, Saudi National Bank said in a statement Monday. During an interview with Bloomberg TV on March 15, Al Khudairy ruled out increasing the bank’s stake in Credit Suisse. That was in response to a question on whether Saudi National Bank was open to further equity injections into Credit Suisse if there was a call for additional funds. Saudi National Bank, which is 37%-owned by Saudi Arabia’s sovereign wealth fund, acquired a 9.9% stake in Credit Suisse in October for $1.5 billion, making it an anchor investor in the bank’s turnaround plan. Had the bank increased its shareholding in Credit Suisse beyond the 9.9% level, it would have been subjected to additional regulatory obligations.

☆ Credit Suisse investor’s exit will zip some lips
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +2 min

LONDON, March 27 (Reuters Breakingviews) - The fate of Saudi National Bank’s (1180.SE) chairman may persuade other investors to maintain radio silence for a while. Asked by a television interviewer whether Saudi National Bank would invest more money into Credit Suisse, Al Khudairy replied “absolutely not”. Although SNB lost more than $1 billion on its Credit Suisse investment, Gulf investors are unlikely to stop investing in banks globally. Indeed, the Saudi bank was part of an investor group that proposed injecting around $5 billion into Credit Suisse as an alternative to the UBS deal, the Wall Street Journal reported. But big bank investors may avoid appearing on live television for a while.

Some Arabs said they hoped the crisis would lead to Prime Minister Benjamin Netanyahu's political demise. Others expressed hope of more far-reaching consequences for Israel, which fought numerous wars with Arab adversaries after its establishment in 1948 and occupies land the Palestinians seek for a state. The sentiment was echoed by Mohammad Abdullatif in Syria, from which Israel captured the Golan Heights in a 1967 war. Gaza political analyst Talal Okal said the crisis had brought a sense of relief among Palestinians. "But there is also a fear, they may carry out military adventures or wars to escape the internal crisis."

☆ Saudi National Bank chairman resigns after Credit Suisse debacle
▼ + stars: | 2023-03-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi National Bank chairman resigns after Credit Suisse debacleCNBC's Hadley Gamble reports on the resignation of Ammar Al Khudairy, chairman of Credit Suisse's largest shareholder Saudi National Bank.

☆ Saudi National Bank chair resigns just days after Credit Suisse comments sparked sell-off
▼ + stars: | 2023-03-27 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

The Saudi National Bank (SNB) headquarters beyond the King Abdullah Financial District Conference Center in the King Abdullah Financial District (KAFD) in Riyadh, Saudi Arabia, on Tuesday, Dec. 6, 2022. Saudi National Bank Chairman Ammar al-Khudairy resigned his post on Monday, days after his comments exacerbated the share collapse of troubled bank Credit Suisse . Al-Khudairy is stepping down "due to personal reasons," the bank said. The then-SNB chairman said the Saudi bank would not intercede "for many reasons outside the simplest reason, which is regulatory and statutory." The comments fueled investor panic, sinking Credit Suisse shares 24% during that session, despite effectively reiterating SNB's previous position that it did not intend to expand its holdings beyond its then 9.9% interest as Credit Suisse's largest shareholder.

JERUSALEM, March 24 (Reuters) - Tens of thousands of Muslim worshippers flocked to Jerusalem's Al-Aqsa Mosque on the first Friday of Ramadan for noon prayers, which passed peacefully amid tight security imposed after months of escalating tension and violence. "I cannot describe to you how happy I am to pray at Al-Aqsa Mosque. I'm 50 years old and they only recently removed the security ban that had prevented me from coming here," said Nasser Abu Saleh, a resident of the West Bank city of Hebron. The Muslim Waqf, custodians who manage the site which houses the Al-Aqsa Mosque, said around 100,000 people had visited for the first Friday prayers of Ramadan. [1/5] Palestinians make their way through an Israeli checkpoint to attend the first Friday prayers of Ramadan in Jerusalem's Al-Aqsa mosque, in Bethlehem in the Israeli-occupied West Bank March 24, 2023.

[1/2] The logo of the Swiss bank Credit Suisse is seen in Zurich, Switzerland March 20, 2023. While the nation's central bank and financial regulator publicly declared that Credit Suisse was sound, behind closed doors the race was on to rescue the nation's second-biggest bank. The Swiss National Bank declined to comment while the finance ministry did not respond to a request for comment. Battered by years of scandals and losses, Credit Suisse for months had been battling a crisis of confidence of its own making. By Wednesday, two days later, Credit Suisse was swept up in a full-blown crisis.

☆ Saudi is far from the last Western bank bagholder
▼ + stars: | 2023-03-21 | by ( George Hay | ) www.reuters.com time to read: +5 min

LONDON, March 21 (Reuters Breakingviews) - Saudi Arabia has joined the Western bank bagholder club. The bank only made its play in November, when client money was already flowing out of Credit Suisse. Saudi National Bank bought 307.6 million Credit Suisse shares for 3.82 Swiss francs ($4.11) per share. The UBS offer of 3 billion Swiss francs ($3.23 billion) values Credit Suisse shares at 0.76 francs each, more than 80% lower than the price paid by the Saudi bank. Saudi National Bank's statement added that the potential impact to its capital adequacy ratio is about 35 basis points, with no impact on profitability.

☆ 'Everything is fine' at Credit Suisse - it's just a bit of panic, says its biggest backer Saudi National Bank
▼ + stars: | 2023-03-16 | by ( Zinya Salfiti | ) www.businessinsider.com time to read: +3 min

'Everything is fine' at Credit Suisse, according to Saudi National Bank chairman Ammar Al Khudairy. Saudi National Bank insisted that raising its stake above 10% is a red line for regulatory reasons. "It's panic, a little bit of panic, I believe completely unwarranted, whether it be for Credit Suisse or for the entire market." But Al Khudairy has insisted that raising Saudi National Bank's stake above 10% is a red line primarily because of regulatory reasons. There has been no discussions whatsoever since October about Credit Suisse needing more capital or requiring assistance," Al Khudairy said.

☆ On the precipice: How Credit Suisse's day of drama unfolded
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +5 min

Fifteen years later, Credit Suisse Group AG found itself on a similar precipice. By the time traders in New York were switching on screens on Wednesday, Credit Suisse had lost more than a fifth of its value. Credit Suisse did not comment for this story but noted recent interviews given by its CEO saying the bank was strong. STILL SMOLDERINGMarkets seemed to calm, but the fresh drama around Credit Suisse jogged memories that the financial system was not out of the woods yet. "We welcome the statement of support," Credit Suisse said.

☆ Saudi National Bank chairman: There has been no discussion on providing assistance to Credit Suisse
▼ + stars: | 2023-03-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi National Bank chairman: There has been no discussion on providing assistance to Credit SuisseAmmar Al Khudairy, chairman of Saudi National Bank, says its message hasn't changed since October.

☆ Saudi National Bank says panic over Credit Suisse is 'unwarranted'
▼ + stars: | 2023-03-16 | by ( Jihye Lee | ) www.cnbc.com time to read: +1 min

Credit Suisse 's largest shareholder Saudi National Bank said the market turmoil in shares of the Swiss lender was "unwarranted." "If you look at how the entire banking sector has dropped, unfortunately, a lot of people were just looking for excuses," Saudi National Bank chairman Ammar Al Khudairy told CNBC's Hadley Gamble on Thursday. I believe completely unwarranted, whether it be for Credit Suisse or for the entire market," he said on CNBC's "Capital Connection." His comments come hours after Credit Suisse announced that it is taking "decisive action" to borrow up to 50 billion Swiss francs ($53.68 billion). The lender's shares plunged Wednesday after a report that the Saudi bank said it could not provide Credit Suisse with any further financial assistance.

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